Medtronic plc (MDT)
NYSE: MDT · Real-Time Price · USD
84.22
+1.01 (1.21%)
At close: Jul 27, 2026, 4:00 PM EDT
84.31
+0.09 (0.11%)
After-hours: Jul 27, 2026, 7:45 PM EDT

Medtronic Financials Overview

Millions USD. Fiscal year is May - Apr.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingApr '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Revenue
36,36436,36433,53732,36431,22731,686
Revenue Growth
8.43%8.43%3.62%3.64%-1.45%5.21%
Gross Profit
23,64323,64321,90521,14820,50821,541
Operating Income
6,4676,4675,9555,1445,4855,752
Net Income
4,8014,8014,6623,6763,7585,039
Earnings Per Share
3.733.733.612.762.823.73
EPS Growth
3.32%3.32%30.80%-2.13%-24.40%40.23%

Revenue by Segment

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingApr '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Cardiac Rhythm & Heart Failure
7,5037,5046,3925,9955,7835,852
Structural Heart & Aortic
3,8173,8173,5543,3583,3633,055
Coronary & Peripheral Vascular
2,6552,6562,5352,4782,3752,460
Cranial & Spinal Technologies
5,2235,2224,9734,7564,4514,456
Specialty Therapies
2,9972,9972,9402,9052,8152,592
Neuromodulation
2,0682,0681,9321,7461,6931,735
Surgical & Endoscopy
6,7656,7646,4986,5086,1526,543
Acute Care & Monitoring
2,0512,0511,9091,9081,8371,926
Diabetes
3,1113,1122,7552,4882,2622,338
Other Segment
17317448221495727
Revenue (Total)
36,36436,36433,53732,36431,22731,686

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingApr '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Cash & Investments
9,2209,2208,9658,0057,95910,573
Total Debt
27,96127,96128,51625,02424,36424,114
Net Cash (Debt)
-18,741-18,741-19,551-17,019-16,405-13,541
Net Cash Growth
------
Net Cash Per Share
-14.55-14.55-15.16-12.79-12.31-10.02

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingApr '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Operating Cash Flow
7,3307,3307,0446,7876,0397,346
Capital Expenditures
-1,904-1,904-1,859-1,587-1,459-1,368
Free Cash Flow
5,4265,4265,1855,2004,5805,978
Free Cash Flow Growth
4.65%4.65%-0.29%13.54%-23.39%22.38%

Margins

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingApr '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Gross Margin
65.02%65.02%65.32%65.34%65.67%67.98%
Operating Margin
17.78%17.78%17.76%15.89%17.56%18.15%
Pretax Margin
16.87%16.87%16.78%14.95%17.18%17.41%
Profit Margin
13.30%13.30%13.99%11.45%12.12%15.98%
FCF Margin
14.92%14.92%15.46%16.07%14.67%18.87%

Dividends

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Dividend Per Share
2.8402.8402.8002.7602.7202.520
Dividend Per Share Growth
1.42%1.43%1.45%1.47%7.94%8.62%
Dividend Yield
3.37%3.41%3.32%3.46%2.99%2.41%

Valuation

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
PE Ratio
22.5822.3423.3128.8932.2527.98
Forward PE
14.1614.2914.6414.8717.3218.03
P/FCF Ratio
19.8719.6620.8120.1126.4323.23
PS Ratio
2.962.933.223.233.884.38